======The demand for cash: stylized facts and substitution by electronic means of payment====== This article examines the impact of electronic payments on cash demand, revealing a significant substitution effect across economies, with idiosyncratic factors also influencing cash usage. Emerging economies show continued cash demand despite the rise of digital payments. \\ \\ (Generated with the help of GPT-4) \\ ^ Quick Facts ^^ |Report location: |[[https://repositorio.cepal.org/server/api/core/bitstreams/78b2d6f2-f88b-4012-8420-d3403e99c8e2/content|source]] | |Language: |English | |Publisher: | * [[encyclopedia:economic_commission_for_latin_america|Economic Commission for Latin America]] | |Authors: | Alejandro Jara, Luis Cabezas | |Geographic focus: |Global | |Page count: |páginas. 119-14 | =====Methods===== The research employs panel and cross-sectional econometric models to analyze data from 21 countries between 2000-2016. It considers variables like financial depth, GDP per capita, ATM availability, and the number of credit and debit cards per capita. \\ \\ (Generated with the help of GPT-4) \\ =====Key Insights===== The study analyzes the relationship between the increasing use of electronic payments and the demand for cash, using panel and cross-sectional data from 2000-2016. It finds a significant substitution effect, though cash remains prevalent due to various country-specific factors. \\ \\ (Generated with the help of GPT-4) \\ =====Additional Viewpoints===== Categories: {{tag>English_publication_language}} | {{tag>Global_geographic_scope}} | {{tag>atm_availability}} | {{tag>cash_demand}} | {{tag>credit_cards}} | {{tag>cross-sectional_analysis}} | {{tag>debit_cards}} | {{tag>electronic_payments}} | {{tag>financial_depth}} | {{tag>gdp_per_capita}} | {{tag>panel_data.}} | {{tag>payment_behavior}} ~~DISCUSSION~~